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Article: Study IDs purchasing as big opportunity for merging firms.
- Article from:
- Purchasing
- Article date:
- September 1, 1998
CopyrightCOPYRIGHT 1998 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Tim Chapman is a director and Trudy Bell is a consultant in McKinsey 's Cleveland office; Jack Dempsey is a principal in the Minneapolis office; Glenn Ramsdell is a consultant in the San Francisco office.
As the value of supplied materials rises, the function of purchasing and supply management has been gaining stature in the executive suites of most U.S. corporations. Sign of the times: A recent paper by McKinsey & Company consultants Tim Chapman, Trudy Bell, Jack Dempsey, and Glenn Ramsdell identifies purchasing and supply management as "a potential goldmine of unexplored shareholder value," in corporate mergers and acquisitions.
Titled, "Purchasing's ...